The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 11,000 common shares Total stockholders' equity $ 5,700 27,000 964,200 996,900 285,000 (319,000) $ 962,900 Based on the stockholders' equity section of Velcro World, answer the following questions Remember that all amounts are presented in thousands 3. If the common shares were issued at $27 per share, at what average price per share were the preferred shares Issued? Preferred shares issued price per share